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U. of Illinois raising tuition by 1.7 percent

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Increases won’t affect current students. State law guarantees students at public universities will pay the same tuition for four years.

The coming increase is the smallest in terms of percentage since 1994. Recent increases have been as high as 9.5 percent as the university complained that state support was dropping off and becoming less reliable.

As it struggles with a big budget deficit, the state typically runs months behind on distributing money to universities and other state-supported institutions. The state currently owes the university $502 million in overdue payments for this fiscal year, three-quarters of the school’s appropriation for the year, university comptroller Walter Knorr said Thursday.

Trustees also raised the price of room and board by 3 percent to $9,979 a year at Urbana-Champaign, 2 percent to $10,261 in Chicago and 4.9 percent $10,350 in Springfield. And fees were raised less than 2 percent in Champaign-Urbana and Chicago, to $2,916 and $2,948, respectively. Fees for incoming students in Springfield will increase 6.1 percent to $1,892 a year.

Pierre noted the university faces other financial uncertainties during the period the tuition increase covers, such as the possibility of new pension-related expenses as the state considers ways of covering what are now many billions of dollars in unfunded pension liabilities. But, when asked by trustees chairman Christopher Kennedy, Pierre said the university should be able to handle anything short of a financial catastrophe.

“We’re going to embrace a period of risk,” Kennedy said after hearing from Pierre, “but it’s better that we embrace the risk rather than individual families.”

Former U.S. Attorney Patrick Fitzgerald also joined the board Thursday. Fitzgerald was appointed earlier this month by Gov. Pat Quinn.

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